Cramer advised investors to maintain a level head and keep things in perspective when approaching the uncertain stock market.
"Don't be dismissive of the pandemic — it's real and it's vicious — but also don't be dismissive of everything our scientists are doing to beat this thing," he said. "You've gotta let yourself be a pessimist and a bit of an optimist at the same time; it's the only way to understand this moment." Cramer said investors should stick to a two-pronged investment strategy to give their portfolios exposure to stocks that can benefit from the ongoing economic reopening on one end and stocks that can perform in this pandemic environment. The 100 stocks on his Cramer Covid-19 Index, which rallied more than 2% on Monday, can do the trick, he said.
"If we do come up with a cure, then all these Cramer Covid stocks are going to collapse, which is why you need to have a barbell portfolio here, with some of the better recovery stocks thrown in," Cramer said.
What if you're not concerned
What if we are more concerned how wrong the “experts” on fast money have been .
Here’s your daily reminder that anyone who listened to Cramer during the last recession regretted it.
In the meantime Jim can keep talking trash about the cruise liners and airlines. Wait until he and his crony hedge fund buddies go belly up shorting the names he trashes on air every morning
F off
So in the interest of information: did Kramer run junk bond funds that went bankrupt?
Investors should the exact opposite of any advice from CNBC. In general, any public advice is usually wrong.
Ah yes, Coronavirus trades. Hey, guys! Everybody in here! You want some inside info if anyone finds out about this Coronavirus thing? It's gonna be HUUUUUGE!
....really getting to feel like it doesn't matter, at all, company business, markets, fundamentals. The only game in town is the Fed, so almost just buy anyting, and if it is looks like a loser...it probably isn't in the 'Fed will buy anything' upside-down world that is America.
Lmao
What about investors not concerned about the Virus?
Tesla right?
I’m concerned about Trump’s pro bankruptcy manage of America first.
cramer lol , manipulator with fake news . BUllish
Buy HTZ Hertz
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »